Forbes contributors publish independent expert analyses and insights. Tima Bansal is an award-winning professor of strategy. It's remarkable how smart, experienced executives systematically make ...

Many of us worry, We fear bad things that might happen, but we don't take control of one factor that could actually reduce bad events: our decisions. In this post, I'll teach you several models that ...

It was a Words with Friends chat that first gave Megan Phelps-Roper pause. People have a marked tendency to cling to past investments, whether financial, social, or emotional—even when it becomes ...

For centuries, economics was built on a clean, mathematical premise: people make rational choices. They weigh costs and benefits, analyze risks, and select the option that maximizes their utility. It ...

Forbes contributors publish independent expert analyses and insights. Covering careers and strategic leadership for executives and managers. You can’t be both. You can’t be an effective leader and an ...